Author: Alex Lauderdale

Tesla Would Need to Immediately Increase Model 3 Production Rate by 391% to Meet Original 2018 Target

data sources: Bloomberg, Tesla Two years ago, Elon Musk proclaimed that Tesla Motors would produce 500,000 all-electric vehicles in 2018, with the highly anticipated Model 3 accounting for about 400,000 of that enthusiastic projection according to some estimates. While some had faith in Musk’s ambitious plan (shares of the company jumped more than 5% after the announcement), many analysts expressed serious doubts that the company would be able to reach its lofty target. It’s no secret that in the two years that have followed Tesla has struggled mightily to get production of its Model 3 car up and running smoothly....

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The Fastest Speed Limit in Each US State

Are higher speed limits linked with more accidents and more deaths on the road? Nearly 45 years ago, President Nixon signed into law the National Maximum Speed Limit, a mandate that put the maximum speed limit in the United States at 55 miles per hour (mph). At the time, it was an attempt to curb gasoline consumption in response to the 1973 oil crisis, but many have argued the laws also helped improve highway safety. A little over two decades ago, the law was revoked, and since that time, speed limits across the US have climbed higher and higher. As...

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